Trying to tackle collections can be tricky like looking at the date of last activity and managing the negotiated payoffs correctly.Banks have a system where we can run "what if simulators" and rapid rescores. 

So my lender was lagging a lot and therefore me and the sellers agreed to postpone closing date twice (we signed anAddendum).

OBTW a multi member LLC files 1065 every year from the date of formation.   

Always document, have them sign an addendum to the lease if it all possible with a very short description of mutual agreement termination (no need to be specific here, I would suggest just termination dates by mutual agreement... period).   

Save yourself the time and court dates, figure out if you can make that work. disclaimer: I am not a lawyer and I am a fairly newbie investor/ landlord. 

The seller would be responsible for the real estate taxes on the property up until the date of sale (this is normally prorated between the buyer and seller for the year of the sale), as well as any capital gains taxes on the sale of the property. 

Typically rural telephone companies offer high speed internet, either ADSL or even fiber.

Hi guys, after researching myself into paralysis,  I've decided to push into real estate full speed ahead.

I have an inspection tomorrow where I plan to point out all the issues I see with his work and plan on using that date as the day I noticed defects.

New investors here closing on 2 multi-family properties. Our first multi-families!We can pick a closing day for our properties either at the end of 2021 or the beginning of 2022. Do you think either is more advantag...